Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately ...
Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across recorded music, publishing, and more) of EUR €11.83 ...
The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the record labels, like Universal, which represents the ...
Universal Music Group announced Monday (March 10) that non-executive director Manning Doherty will step down from the company ...
On yesterday’s Universal Music earnings call CEO Lucian Grainge revealed plans to spend billions on global acquisitions, targeting emerging markets where “massive piracy” previously prevented ...
Dutch-American music record label Universal Music Group impressed with its fourth-quarter results on Friday, with strong subscription revenues driving top-line growth above analysts' expectations.
Indie label trade groups have again aired their concerns about Universal Music’s market dominance in the wake of yet another acquisition by the major. They add that Universal uses that dominance to fo ...
Universal Music Group published its latest financial results yesterday, revealing that its revenues were up 7.2% year-on-year ...
Universal Music CEO Touts Streaming 2.0 Deals With Spotify, Amazon: “Where They Go, We Go With Them”
Lucian Grainge and other UMG execs discussed with analysts where future revenue growth would come from as the music giant releases fourth quarter results.
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Digital Music News on MSNIs the Streaming Plateau’s End in Sight? Universal Music Reports 8% Q4 2024 Subscription Growth, Confirms Super Premium Talks With ‘All’ PartnersThanks to solid subscription gains – and despite a more than 5% slide on the ad-supported side – Universal Music Group (UMG) ...
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